Oil marketing companies’ policies restricting new investments in ethanol production, say sugar mills
The Indian Sugar Manufacturing Association (ISMA) has cautioned that the “discriminatory attitude and restrictive policies” of oil marketing companies (OMCs) can cost the country its ambitious target of blending 20% ethanol by 2025.
Alleging that OMCs are selectively signing long-term bipartite and tripartite agreements for purchase of ethanol for 10 years, ISMA urged the government to review the OMC’s policies that are restricting entry and investment in ethanol production.
